The Weekly Options News Roundup – 8/22/2014

Your weekly recap of CBOE features, options industry news and VIX and volatility-related articles from print, broadcast and online and social media outlets.

VIX: Broader Not Broken
In this week’s Striking Price column in Barron’s, Steve Sears highlights a recent study by Goldman Sachs suggesting that “VIX is not really broken but that investors no longer understand entirely what motivates the fear gauge.”

“A New Vision of VIX” – Steven M. Sears, Barron’s
http://on.barrons.com/1pHp7Fl

“12 Key Stats Re: VIX Index” – Matt Moran, CBOE Options Hub
http://bit.ly/1tlAYbI

VIX vs VIX
Over the past week or so, VIX cash has been drifting lower while VIX futures have held firm.  CBOE’s very own “Mr. VIX,” Russell Rhoads, takes a closer look at contango and backwardation.

“Quantifying VIX Contango and Backwardation” – Russell Rhoads, CBOE Options Hub
http://bit.ly/1sasm6L

VIDEO: “Volatility 411” – Dan Deming, CBOE TV
http://bit.ly/1v5For7

Options – Protection Before the Storm
There has been wide speculation about the direction the Fed will take when it comes to raising interest rates.  Yet this uncertainty, coupled with continued geo-political matters around the globe, has not caused a pronounced spike in volatility.  As a result, options continue to be an efficient way to protect a portfolio.

“Jana Bought $4 Billion of Protection as Volatility Waned” – Miles Weiss, Bloomberg
http://bloom.bg/VDbBXI